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Govt departments to make e-Payment of payment above Rs. 5000

December 5, 2016 3385 Views 0 comment Print

Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments

Minimum Import Price on Iron & Steel on 19 HS Codes till 04.02.2017

December 3, 2016 2347 Views 0 comment Print

S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby extends the applicability of Minimum Import Price (MIP) beyond 04/12/2016 on 19 HS Codes as specified in the Annex to this Notification for two months, i.e., till 4th February, 2017.

Empanelment for Mediation and Conciliation – List of eligible candidates

December 2, 2016 1489 Views 0 comment Print

With reference to the subject cited, I am forwarding herewith the list of 68 eligible candidates categorized in Annexures I to VII, for the Empanelment for Mediation and Conciliation in respect of the region. Ministry may kindly place the said list on the Ministry’s website for future reference.

IRDA (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) (Second Amendment) Regulations, 2016

December 2, 2016 2101 Views 0 comment Print

Insurance Regulatory and Development Authority of India (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) (Second Amendment) Regulations, 2016

IRDA (Issuance of e-insurance policies) (First Amendment) Regulations, 2016

December 2, 2016 2863 Views 0 comment Print

These regulations may be called Insurance Regulatory and Development Authority of India (Issuance of e-insurance policies) (First Amendment) Regulations, 2016.

Procedure for furnishing and verification of Form 26A

December 2, 2016 122551 Views 3 comments Print

CBDT notidfies Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source- Reg.

Customs: Relaxation in Outsourcing by an authorized Courier-reg

December 2, 2016 2302 Views 0 comment Print

Board has decided that for functions namely pick-up or local delivery of export/imported courier packages/shipments, transportation for officials and housekeeping activities permission will not be required.

Roll out of ECCS at Courier Terminal, Sahar, Mumbai-reg

December 2, 2016 2299 Views 0 comment Print

Express Cargo Clearance System ECCS is an Automation Program developed on PPP model by Express Industry Council of India (EICI).

Banks to enable Aadhaar-based Authentication for Debit / Credit Card Transactions

December 2, 2016 1678 Views 0 comment Print

Banks were advised to ensure that all new card present acceptance infrastructure deployed with effect from January 1, 2017 are enabled for processing payment transactions using Aadhaar-based biometric authentication also.

No priority in bank note allocation to own branches by banks with currency chests

December 2, 2016 1468 Views 0 comment Print

A perception has also emerged that banks with currency chests are according priority towards supplying cash to their own bank branches. These banks with currency chests are, therefore, advised to make visible efforts to dispel the perception of unequal allocation among other banks and their own branches.

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